Regulatory Alerts2024-11-25 | RG-211RG 211 Clearing and settlement facilities: Australian and overseas operators
The Australian Securities and Investments Commission issued this guide to explain licensing requirements and application procedures for both Australian and overseas clearing and settlement facility operators. It outlines the regulator's approach to advising the Minister on exemption requests and details post-licensing obligations for facility operators. The document notes that it does not yet reflect amendments from the 2024 Treasury Laws Act and directs users to the ASIC Regulatory Portal for current relief applications.
Issued 18 December 2012
This guide tells you:
when you need an Australian clearing and settlement (CS) facility licence and how to apply for one, whether you are an Australian or overseas operator
our approach to advising the Minister about an exemption from holding a CS facility licence, and
what you should do after you have been granted a licence.
Note 1: From 27 July 2020, applications for relief should be submitted through the ASIC Regulatory Portal . For more information, see how you apply for relief .
Note 2: This guide does not reflect amendments to the Corporations Act introduced by the Treasury Laws Amendments (Financial Market Infrastructure and Other Measures) Act 2024, which received the Royal Assent on 17 September 2024. This guide will be reviewed and updated in due course. For more information, please visit our FMI reform implementation page.
Download RG 211 (PDF 662 KB)